This is not a CPA firm.
Cost Segregation Studies
Cost segregation studies are a comprehensive analysis that entails the review of construction documents, including architectural and engineering drawings and specifications, using an engineering-based approach, cost estimating techniques and on-site inspections to identify costs related to separate components of a property to accurately classify assets for federal income tax reporting purposes. We develop comprehensive property lists and then segregate costs among buildings and structural components, personal property, and land improvements in accordance with IRC §1245 and §1250 as well as related tax regulations, tax court cases, and revenue rulings. An HSSK Cost Segregation Study can improve profitability by maximizing tax benefits on various commercial real estate and development projects through accelerating depreciable lives from 39 years to 5, 7, or 15 years and increasing the investment tax credit. Furthermore, we provide complete and thorough documentation designed to withstand scrutiny by the Internal Revenue Service and other third parties.
Feasibility Analyses
HSSK's real estate valuation and consulting practice brings 20 years of diverse experience involving the valuation of high-profile and special purpose projects, portfolio evaluations, market and feasibility analyses, and due diligence. Valuation engagements include: